furniture
Maisons du Monde sales plummet for 3rd year running
In a French furniture market down by 5.1% to €13.8 billion in 2024 (IPEA), Maisons du Monde (338 stores at the end of 2024) reported annual sales of €1.002 billion on February 4, down...
6 February 2025
Ingka aims to inject €700 million into recycling over the next 5 years
On January 15, Ingka Group (2024 sales: €41.8 billion, down 5.6% year-on-year) announced an investment of €1 billion in recycling infrastructures. The budget allocated to the Circular...
17 January 2025
Wayfair leaves Germany and makes 750 employees redundant
After laying off 1,650 staff in January 2024, the American furniture DNVB Wayfair (9M 2024 sales: US$8.73 billion, down 1.8%) announced on January 10, a plan to make 750 staff redundant (3% of the...
13 January 2025
Following the collapse of Big Lots, specialist retail concentrates in the U.S.
In a sluggish U.S. property market, discount furniture retailer Big Lots found a partial buyer. Variety Wholesalers is to take up to 400 stores.
- Retail
- Retailer and e-commerce
- News
7 January 2025
How Ingka increased staff retention by 5 points in 16 months
In 2023, according to OC&C, staff turnover reached 56% for specialty retailers and 69% in food, with significant differences between store types and age groups. But at Ingka Group, HR team...
- Retail
- Retailer and e-commerce
- Analysis
26 April 2024
Crate & Barrel: design workshops generate 40% of store sales
Operating in the U.S.A. and Canada, furniture retailer Crate & Barrel (Otto Group) developed an appointment-only service offering advice on interior design and decoration. Results were...
- Retail
- Retailer and e-commerce
- News
17 April 2024
Strategic expansion in the Middle East for The Conran Shop
The Conran Shop (sales of €30.75 million in the FY to March 2022, up by 65%) is moving part of the business to the Middle East. The home furnishings retailer (13 stores in 4 countries in...
- Retail
- News brief
14 March 2024
Troubled Maisons du Monde relies on Google’s AI to keep e-commerce afloat
Maisons du Monde is unveiling a recovery plan, that focused on a new franchising model. Meanwhile, it is taking stock of how to use AI to improve performance, including digital acquisition...
- Retail
- Retailer and e-commerce
- News
13 March 2024
Furniture: Majid Al Futtaim signs with Poltrona Frau
In January 2023, the Majid Al Futtaim conglomerate entered the luxury furniture business via a partnership with the Italian brand Poltrona Frau, as the exclusive franchisor in the United Arab...
- Retail
- News brief
2 February 2023
Our mind news
As the adoption of AI results in increasing cost volatility for companies, mind Retail spoke in Monaco with Christelle Glaszer, Manager of Indirect Purchases at Aroma-Zone natural beauty retailer...
- Retail
- mind Exclusive
- Retail tech
13 March 2026
Signing of three high-end clients, launch of a maintenance passport, imminent Seed funding round and cloud migration project in China… At a 1-to-1 conference in Monaco, the Founder of Prolong...
- Retail
- mind Exclusive
- Retail tech
12 March 2026
While the European Commission is set to vote on delegated acts to specify requirements for home appliances, Darty is accelerating a Digital Product Passport (DPP) push by integrating new products...
- Retail
- mind Exclusive
- Retail tech
11 March 2026
While the leader in electronic labels, Vusion exceeded €1.47 billion in revenue in 2025, rival Hanshow is stepping up a global offensive, winning a strategic account in the U.K. and a new POC for...
- Retail
- mind Exclusive
- Retail tech
27 February 2026
Most viewed articles of the month on mind Retail
What readers clicked on the most last month.
What readers clicked on the most last month.
1
Profound raises US$96 million in Series C funding, becoming a first GEO unicorn
Founded in 2024 in New York by James Cadwallader, GEO startup Profound raised US$96 million on February 24, 2026, in a Series C round led by Lightspeed Venture Partners, including Sequoia Capital...
- Retail
- Property and investors
- News
25 February 2026
2
Klépierre, URW, Carmila: in 2025, retail media and services accounted for nearly 10% of net rental income
Published on February 12 and 19, annual financial results of the three major European property companies show that Klépierre, Unibail-Rodamco-Westfield, and Carmila are no longer singing from the...
- Retail
- Property and investors
- Analysis
24 February 2026